While New Hampshire’s poverty rate is markedly lower than that of the nation, it is still substantially higher than it was several years ago, reflecting the state’s ongoing difficulties in bouncing back from the recession.

According to preliminary Census Bureau figures, approximately 94,000 Granite Staters – or 7.2 percent of the state’s population – lived in poverty during the two-year period from 2009 to 2010. For the nation as a whole, 46.2 million people had incomes below the poverty line in 2010, resulting in a poverty rate of 15.1 percent.

The US Census Bureau’s annual report on income, poverty, and health insurance coverage reveals a sizable increase in the national poverty rate in 2009 with a similarly sharp upturn in poverty in New Hampshire. A poverty rate of 7.4 percent suggests that roughly 97,000 people in New Hampshire had incomes below the official poverty line during the 2008-2009 period.

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Common Cents Blog

Investments in the operation, maintenance, and construction of transportation infrastructure in New Hampshire often draw from many different sources and funds. Decisions about financing mixes, timelines, projected interest costs, and the effects of deteriorating or enhanced transportation infrastructure at any level of government can all influence projects.